Europe Tail Lift Market

Market Introduction

Tail lift is a mechanical device which is integrated into the rear of a truck, van, or lorry to facilitate material handling of goods from the ground level to the level of the vehicle bed or vice-versa. Most of the tail lifts that are in operation are either hydraulic or pneumatic. They can also be mechanical and are controlled by an operator through an electric relay switch. Tail lifts are available for different vehicles, ranging from standard vans to articulated lorries. Moreover, constant evolution of the retail industry, rapid urbanization, and rise in demand for fast moving consumer goods are some of the key drivers boosting the growth of the tail lift market. The constant expansion of the retail industry is estimated to enhance the logistics activities to drive the tail lift market during the forecast period.

The growing trend of automating warehouses and product transportation systems will require manufacturers to modify the tail lift technologies in the upcoming years. With the trend of automation in warehouses, the safety of workers is enhanced; it will also boost the morale of employees, as the automated devices handle stressful and repetitive tasks, thereby freeing workers to focus on more value-added activities. The tail lifts that are integrated with automated technologies and advanced features will witness growing demand in the near future. The manufacturers are focusing on automated technologies such as self-lock and self-tilting. The self-lock technology focuses on automatic protection of the lift against any kind of mishaps in the absence of the operator. The self-tilting technology automatically slows down the speed of the platform to adapt to the fragile loads with smooth and precise movements. Thus, a rise in automation devices in warehouses, as well as transportation systems, will play a vital role in the Europe tail lift market.

Food and transportation logistics comprise operations such as transporting, warehousing, and distributing food products and other goods to the distributors, retailers, or end consumers. Growing demand for high-end logistics services for efficient and timely delivery of goods has created a huge impact on the way in which logistics companies operate. Moreover, rapid growth of ecommerce industry has boosted the requirement of efficient logistics. Food and transportation logistics is one of the most prominent end-use industries for tail lift market as it is constantly engaged in loading, unloading, and transportation of food products and other goods. Tail lifts basically help in lifting heavy goods and loading them onto the vehicles. It is a mechanical device or a platform that is designed to lift the goods from ground level to the level of vehicle bed for easy loading of goods. Moreover, tail lifts facilitate material handling, ensure goods safety, and prevent damages during loading. Additionally, they save manual efforts and are cost-effective alternatives to extensive manpower. Tail lifts have wide application across the food and transportation logistics industry owing to increasing requirement for quick, convenient, and flexible loading and unloading of goods. Moreover, this industry is witnessing remarkable growth in the adoption of technologies that ease out the operations. Therefore, manufacturers of tail lifts have lucrative opportunities for product innovation and research and development activities.

Europe Tail Lift Strategic Insights

Strategic insights for the Europe Tail Lift provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Tail Lift Report Scope

Europe Tail Lift Regional Insights

The geographic scope of the Europe Tail Lift refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe tail lift market was valued at US$ 242.12 million in 2020 and is projected to reach US$ 388.19 million by 2028; it is expected to grow at a CAGR of 6.7% during 2021–2028. In terms of type, the Europe tail lift market is categorized into column lifts, tuck away lifts, cantilever lifts, and slider tail-lift. In 2020, the cantilever lifts segment accounted for the largest revenue share. Cantilever tail lifts are mounted on the chassis frame of a truck or other vehicles having hydraulic rams on the hinges. This type of lift is generally used for loading and unloading of heavy goods to ensure safety of the goods. The lifting capacity of cantilever lift is higher than the column lift or tuck-away lift. Based on end user, the Europe tail lift market is segmented into food and transport logistics, waste management, leasing and rental business, and emergency services. In 2020, the food and transport logistics segment accounted for the largest revenue share.

Palfinger AG, HIAB, Anteo S.P.A, DHOLLANDIA N.V., and DAUTEL GmbH are among the major players operating in the Europe tail lift market. These companies are involved in various strategies and key developments such as merger and acquisition and new product development. The leading companies in the market are continuously looking forward to expand and diversify their market presence, along with acquiring new customer base and tapping prevailing business opportunities. For instance, PALFINGER has improved the comfort, performance, operational safety, maintainability, and serviceability of their sturdy forklifts with the new FLC series. HIAB, a Cargotec company, has introduced next generation high-duty slider lifts from ZEPRO for large freight vehicles and trailers. The durable and low-maintenance lifts are built to maximize lift uptime and life.

Key Market Segments

The tail lift market in Europe is bifurcated on the bases of type and end-users. Based on type, the market is segmented into column lifts, tuckaway lifts, cantilever lifts, and slider tail lifts. The cantilever lifts segment accounted for the largest share of the market in 2020. In terms of end-users, the Europe tail lift market is segmented into food and transport logistics, waste management, leasing and rental business, and emergency services. The food and transport logistics segment is a crucial end-use industry of tail lifts.

Major Sources and Companies Listed

A few major companies operating in the Europe tail lift market are ANTEO S.P.A., Bar Cargolift, DAUTEL GMBH, DHOLLANDIA N.V., Penny Hydraulics Ltd Ltd., HIAB, Palfinger AG, and Sorensen Hydraulik GmbH. Various other companies operating in the market are coming up with new technologies and offerings, which would drive the market growth in the coming years.

Reasons to Buy Report

• To understand the Europe tail lift market landscape and identify market segments that are most likely to guarantee a strong return
• To stay ahead of the race by comprehending the ever-changing competitive landscape for the market
• To efficiently plan M&A and partnership deals in the Europe tail lift market by identifying market segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the Europe tail lift market
• To obtain revenue forecast for market by various segments from 2020 to 2028 in Europe

Europe Tail Lift Market Segmentation

Europe Tail Lift Market – by Type

• Column Lifts
• Tuckaway Lifts
• Cantilever Lifts
• Slider Tail Lifts

Europe Tail Lift Market – by

End Users

• Food and Transport Logistics
• Waste Management
• Leasing and Rental Business
• Emergency Services

Europe Tail Lift Market – Companies Mentioned

• ANTEO S.P.A.
• Bar Cargolift
• DAUTEL GMBH
• DHOLLANDIA N.V.
• Penny Hydraulics Ltd.
• HIAB
• Palfinger AG
• Sorensen Hydraulik GmbH